GST aid to states 70% higher than cess fund, gulf to widen this fiscal

The guaranteed growth to states’ revenue during the time of slowing GST collection (FY 20 collection grew at 3.8% to Rs 12.2 lakh crore) growth has created a wide gulf between the states' protected revenue and GST collections.

from The Financial Express https://ift.tt/3g4rY9O